secwatch.observer — SEC 8-K summary
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Issuer:     Stellus Capital Investment Corp (SCM)
CIK:        0001551901
Form:       8-K
Filed at:   2021-11-16T23:59:59+00:00
Accession:  0001104659-21-139728
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Stellus Capital Investment enters into ATM offering agreement for up to $50M of common stock
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- Equity distribution agreement with Keefe, Bruyette & Woods and Raymond James for up to $50M in aggregate offering price.
- Sales agents receive 1.5% commission on gross sales price of shares sold under the ATM facility.
- Net proceeds to repay outstanding indebtedness and make investments per investment objective.
- Shares sold under existing shelf registration statement (File No. 333-231111) and prospectus supplement dated Nov 16, 2021.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1551901/000110465921139728/0001104659-21-139728-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1551901/000110465921139728/tm2132987d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-21-139728

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